Latest Videos

{{ currentStream.Name }}

Related Video

Continuous Play:

The information you requested is not available at this time, please check back again soon.

More Video

Mar 18, 2022

Centerra suspends gold bar production at Oksut Mine in Turkey after mercury detected

Everybody should have 5-10% portfolio exposure to gold: Chief strategy officer


Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

Centerra Gold Inc. has temporarily suspended gold doré bar production at its Oksut Mine in Turkey after mercury was detected in part of the processing plant.

The company says it is cleaning the mercury from affected areas and taking steps to mitigate and prevent exposure.

Centerra is also evaluating several potential technical solutions to remove the mercury in the gold recovery process.

Meanwhile, the company says mining operations are continuing at Oksut with ore being stacked on the leach pad and processing into a gold-in-carbon form.

It says the gold-in-carbon will be stockpiled until the re-start of the electrowinning process, where the recovery of gold from concentrated solution happens.

Centerra says it is evaluating the impact on its guidance for the year.